Comments on: The Fallacy of Production for Its Own Sake http://fee.org/articles/fallacy-production-sake/ Home to freedom and prosperity, and free-market education for over 50 years Sat, 20 Mar 2010 02:06:22 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: international employment opportunities http://fee.org/articles/fallacy-production-sake/comment-page-1/#comment-4034 international employment opportunities Mon, 13 Apr 2009 12:21:17 +0000 http://fee.org/?p=4336#comment-4034 <strong>international employment opportunities...</strong> Blog comments can add value. They are particularly useful on sites that have a narrow, focused scope. The focused nature of the subject matter ensures that visitors share a common interest - otherwise they wuldnt be there!... international employment opportunities…

Blog comments can add value. They are particularly useful on sites that have a narrow, focused scope. The focused nature of the subject matter ensures that visitors share a common interest – otherwise they wuldnt be there!…

]]> By: admin http://fee.org/articles/fallacy-production-sake/comment-page-1/#comment-1747 admin Thu, 26 Feb 2009 20:49:47 +0000 http://fee.org/?p=4336#comment-1747 test test

]]> By: admin http://fee.org/articles/fallacy-production-sake/comment-page-1/#comment-1746 admin Thu, 26 Feb 2009 20:45:00 +0000 http://fee.org/?p=4336#comment-1746 this one final test this one final test

]]> By: Kim http://fee.org/articles/fallacy-production-sake/comment-page-1/#comment-1731 Kim Tue, 24 Feb 2009 21:28:48 +0000 http://fee.org/?p=4336#comment-1731 Since government spending is by its nature consumption spending, it\'s simply not possible for government to create productive jobs. There\'s no such thing as government \"investment\" because there is no such thing as government profit, loss, or savings. These concepts all imply the voluntary exchange of values, and therefore properly belong only to the free market. The best that you can hope for from the government is that it will destroy relatively fewer jobs by reducing it\'s burden on society. Instead of destroying productive jobs to fund wasteful government jobs we should be setting capitalists free to do what only they can do: PRODUCE! Since government spending is by its nature consumption spending, it\’s simply not possible for government to create productive jobs.

There\’s no such thing as government \"investment\" because there is no such thing as government profit, loss, or savings. These concepts all imply the voluntary exchange of values, and therefore properly belong only to the free market.

The best that you can hope for from the government is that it will destroy relatively fewer jobs by reducing it\’s burden on society.

Instead of destroying productive jobs to fund wasteful government jobs we should be setting capitalists free to do what only they can do: PRODUCE!

]]> By: Keith http://fee.org/articles/fallacy-production-sake/comment-page-1/#comment-1253 Keith Mon, 09 Feb 2009 17:33:08 +0000 http://fee.org/?p=4336#comment-1253 What makes you think the One has any interest in creating wealth? FDR patterned his economics on those used by Mussolini and was elected President for life. I predict that Mr. Obama will destroy the middle class, be hailed as a savior for making jobs for our 25% unemployed, and be even more widely admired than FDR. He will be President for Life. His Supreme Court will find that the 22nd admendment is defective, and the Constitution will live a litte. It would not supprise me if he signs a nonaggression pact with a reborn Soviet Union before reinstituting the draft and sending our soldiers off to fight. The four horsemen are coming. Can you not hear the hoofbeats in the distance? What makes you think the One has any interest in creating wealth?

FDR patterned his economics on those used by Mussolini and was elected President for life.

I predict that Mr. Obama will destroy the middle class, be hailed as a savior for making jobs for our 25% unemployed, and be even more widely admired than FDR. He will be President for Life. His Supreme Court will find that the 22nd admendment is defective, and the Constitution will live a litte.

It would not supprise me if he signs a nonaggression pact with a reborn Soviet Union before reinstituting the draft and sending our soldiers off to fight. The four horsemen are coming. Can you not hear the hoofbeats in the distance?

]]> By: Hal http://fee.org/articles/fallacy-production-sake/comment-page-1/#comment-1250 Hal Mon, 09 Feb 2009 16:31:18 +0000 http://fee.org/?p=4336#comment-1250 Yeah, it\'s like getting the cart before the horse. I don\'t think the FED even wants to consider such an argument their so focused on diverting short term woes that the long term implications are going to really hurt. It\'s one of the reasons people like Schiff and Grandich are saying that the dollar is toast. It\'s why I\'m keeping an eye on things like gold and silver (I\'m using the widget <a href=\"http://www.learcapital.com/exactprice\">ExactPrice</a>). Both those guys are saying that gold will be retesting the highs of last year and could possibly go beyond that because of all the debt that the dollar is carrying. Now with even more being borrowed from the future generations that debt is only going to increase without proper job creation models. Yeah, it\’s like getting the cart before the horse. I don\’t think the FED even wants to consider such an argument their so focused on diverting short term woes that the long term implications are going to really hurt.

It\’s one of the reasons people like Schiff and Grandich are saying that the dollar is toast. It\’s why I\’m keeping an eye on things like gold and silver (I\’m using the widget <a href=\"http://www.learcapital.com/exactprice\">ExactPrice</a>). Both those guys are saying that gold will be retesting the highs of last year and could possibly go beyond that because of all the debt that the dollar is carrying.

Now with even more being borrowed from the future generations that debt is only going to increase without proper job creation models.

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